the United States of America intends to mobilize 12 million USD for the benefit of underdeveloped countries to fight against global warming

The United States of America intends to mobilize 12 million USD in the next five (5) years for the fight against global warming in favor of underdeveloped countries.
This was announced by John Kerry, special envoy of the United States of America for the Climate at the opening of the preparatory work for COP 27, which is being held in Kinshasa from Monday October 3 to 5, 2022.
According to the special envoy of the United States of America to this work, 12 million USD should be mobilized in five (5) years, of which 3 million will already be available this year.
“There was an announcement by President Joe Biden for adaptation and building resilience. He proposed 12 million USD for 5 years and 3 million will be available already this year and we are also working on this point in a financing mechanism to try to make it available to those who are ready to create businesses and put the climate much more viable business. We are working on it, we are also working with other countries to make them aware that they have more ambitions and as you know President Joe Biden was able to pass the Inflation Reduction Act and that has made possible very colossal funds that will be able to be deployed. », John Kerry told the press after a bilateral meeting with Mrs. Ève Bazaiba, Deputy Prime Minister, Minister of the Environment and Sustainable Development.
In addition, John Kerry explained that the terms of reference agreed between President Félix Tshisekedi and the American Secretary of State, Anthony Blinken, were also discussed during the face-to-face meeting with Mrs. Ève Bazaiba.
“We had a very fruitful meeting, it was very interesting. We discussed the terms of reference that were discussed with Secretary of State Blinken, we are already 100% ready for this working group and moving forward in this discussion. We agreed, we agreed on the possibility of striking a balance between the possibility of conserving nature and at the same time creating jobs. The discussion went much more in the direction of maintaining the reputation of the Democratic Republic of Congo as being a leader in terms of environmental protection and we believe that the efforts that will be provided by the working group will go in this direction. there within the framework of the Pre-Cop and also the meeting of Sharm El-Sheikh (Egypt). I would like to congratulate the Deputy Prime Minister, Minister of the Environment and Sustainable Development, Madame Ève Bazaiba, and the President of the Republic in this matter. », added John Kerry.
At the opening of these meetings in Kinshasa, Mrs Ève Bazaiba denounced the tendency to trivialize the non-respect of international commitments made by the parties to the United Nations Framework Convention on Climate Change, before and during the COP26. She also returned to “the question of loss and damage linked to the impacts of climate change, which must be distinguished from that of adaptation to climate change and addressed separately, given that loss and damage refer to emergencies and temporal circumstances, whereas adaptation is aimed more at more structural circumstances to be programmed over the long term.
Several billion US dollars are needed to enable Africa to face the challenges linked to climate change which is already affecting millions of people on the continent.